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Union Savings Bank

Danbury, CT · Cert 18190 · Usb Bcorp Inc.

SI · FDIC · 26 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating in a single state3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating in a single state (n=266 to 267). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

30

Q2 2024Q2 2026peer median (50)

Asset Quality

70

Q2 2024Q2 2026peer median (50)

Profitability

16

Q2 2024Q2 2026peer median (50)

Liquidity

58

Q2 2024Q2 2026peer median

Efficiency

26

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Union Savings Bank

Danbury, CT · Cert 18190 · Usb Bcorp Inc.

SI · FDIC · 26 branches

Q2 2026

$3.3BAssets
$2.4BLoans
$2.5BDeposits
$326.2MEquity
Loan mix
98%RE $2.3B1%C&I $0.0B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
72%Interest-bearing $1.8B28%Noninterest $0.7BQ2 2025Q2 2026

NIM

3.91%Q2 ’244.12%Q2 ’254.19%Q2 ’26+17%+7%

Non-interest income vs. expense

2.33%Q2 ’242.36%Q2 ’252.37%Q2 ’26+2%+0%

Market Position · Bridgeport-Stamford-Danbury, CT · 2026 SOD (annual) · 2.5% share · #8 of 25 inst. · $1.9B of $77.9B

2.9% Western Connecticut
13.7% Northwest Hills
0.6% Greater Bridgeport
0.5% Naugatuck Valley

Executive Summary

  • Earnings: ROA of 0.81%, up 14 bps year over year; NIM at 2.77%.
  • Asset quality: problem loans at 0.29% of loans (-10 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 11.48%, down 2 bps from a year ago.
  • Funding: loans stand at 93.58% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.81%+14 bps YoY

Net Interest Margin (YTD, annualized)

2.77%+17 bps YoY

Efficiency Ratio (YTD, annualized)

69.65%-351 bps YoY

Tier 1 Leverage Ratio

11.48%-2 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.67%0.68%0.61%0.77%0.81%+14 bps
Return on Equity7.44%7.42%6.68%8.09%8.38%+94 bps
Net Interest Margin2.60%2.63%2.59%2.74%2.77%+17 bps
Efficiency Ratio73.16%73.19%75.82%70.12%69.65%-351 bps
Non-Interest Burden1.73%1.75%1.81%1.74%1.73%+1 bps
Growth
Asset Growth (YoY)3.66%5.60%6.83%5.87%4.61%+95 bps
Loan Growth (YoY)11.24%11.93%8.78%7.62%7.57%-367 bps
Deposit Growth (YoY)5.68%4.46%6.53%6.95%6.46%+78 bps
Asset Quality
Nonperforming Loans / Loans0.38%0.34%0.33%0.31%0.29%-10 bps
Net Charge-Offs / Loans-0.04%-0.03%0.01%-0.01%-0.01%+3 bps
Allowance / Loans1.07%1.06%1.01%1.03%1.02%-4 bps
Allowance Coverage of NPLs2.8x3.2x3.0x3.3x3.5x+0.8x
Capital
Tier 1 Leverage Ratio11.50%11.53%11.33%11.41%11.48%-2 bps
Total Risk-Based Capital11.50%11.53%11.33%11.41%11.48%-2 bps
Equity / Assets9.26%9.38%9.48%9.65%9.87%+61 bps
Liquidity & Funding
Loans / Deposits92.62%96.99%93.40%92.11%93.58%+97 bps
Liquid Assets / Assets3.24%3.78%4.79%6.15%4.66%+142 bps
CRE / Total Capitaln/a381%384%376%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-10

Union Savings Bank

Danbury, CT · Cert 18190 · Peer group: banks $1B-$10B in assets operating in a single state (n=266-267) · Usb Bcorp Inc.

SI · FDIC · 26 branches

Q2 2026

$3.3BAssets
$2.4BLoans
$2.5BDeposits
$326.2MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 76% of banks $1B-$10B in assets operating in a single state (rank 65 of 267).
  • Widest gap: net interest margin trails 88% of banks $1B-$10B in assets operating in a single state (rank 236 of 267).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.81%

Rank 220 of 267

Net Interest Margin

2.77%

Rank 236 of 267

Efficiency Ratio

69.65%

Rank 199 of 266

Equity / Assets

9.87%

Rank 153 of 267

Non-interest income vs. expense

$21.5M$80.2MINCOMEEXPENSE
Unfavorable gap of $58.7M · efficiency ratio beats 26% of banks $1B-$10B in assets operating in a single state
Bank 69.65%Peer median 60.2%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.81%0.93%1.23%1.55%Beats 18%220 / 267
Return on Equity8.20%9.16%11.84%14.56%Beats 19%216 / 267
Net Interest Margin2.77%3.12%3.50%3.88%Beats 12%236 / 267
Efficiency Ratio69.65%51.36%60.21%69.66%Beats 26%199 / 266
Asset Quality
Nonperforming Loans / Loans0.29%0.19%0.46%0.89%Beats 63%101 / 267
Net Charge-Offs / Loans0.01%0.01%0.02%0.06%Beats 76%65 / 267
Capital
Tier 1 Capital Ratio11.48%11.29%13.05%15.13%Beats 27%195 / 267
Total Risk-Based Capital Ratio11.48%11.95%13.87%16.27%Beats 21%212 / 267
Equity / Assets9.87%9.18%10.29%11.76%Beats 43%153 / 267
Liquidity & Funding
Loans / Deposits93.58%72.68%86.16%95.22%71st pctl77 / 267
Loans / Assets72.24%62.46%71.96%78.38%50th pctl133 / 267
Brokered Deposits / Depositsn/aNot reported for this institution